Vigilant Capital Management Exits Position in Hilton Worldwide Holdings Inc (HLT)

Hilton Worldwide Holdings Inc (HLT) : Vigilant Capital Management has sold out all of its stake in Hilton Worldwide Holdings Inc during the most recent quarter, according to the disclosure filed by the company on Oct 14, 2016 with the SEC. The investment management company has sold out 103 shares of Hilton Worldwide Holdings Inc which is valued at $2,358.

Other Hedge Funds, Including , Reliance Trust Co Of Delaware boosted its stake in HLT in the latest quarter, The investment management firm added 4,196 additional shares and now holds a total of 14,623 shares of Hilton Worldwide Holdings Inc which is valued at $334,720. Hilton Worldwide Holdings Inc makes up approx 0.03% of Reliance Trust Co Of Delaware’s portfolio.Cutler Group Lp boosted its stake in HLT in the latest quarter, The investment management firm added 3,960 additional shares and now holds a total of 23,960 shares of Hilton Worldwide Holdings Inc which is valued at $547,007. Hilton Worldwide Holdings Inc makes up approx 0.03% of Cutler Group Lp’s portfolio. Washington Trust Bank added HLT to its portfolio by purchasing 49 company shares during the most recent quarter which is valued at $1,114.

Hilton Worldwide Holdings Inc opened for trading at $22.8 and hit $23.08 on the upside on Friday, eventually ending the session at $22.89, with a gain of 0.75% or 0.17 points. The heightened volatility saw the trading volume jump to 95,58,013 shares. Company has a market cap of $22,656 M.

On the company’s financial health, Hilton Worldwide Holdings Inc reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.26. The company had revenue of $3051.00 million for the quarter, compared to analysts expectations of $3051.49 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of approximately 4322 hotels resorts and timeshare properties comprising of 715062 rooms in 94 countries and territories. The Company operates through three segments: management and franchise ownership and timeshare. The Company’s brands are Waldorf Astoria Hotels & Resorts Conrad Hotels & Resorts Canopy by Hilton Hilton Hotels & Resorts Curio–A Collection by Hilton DoubleTree by Hilton Embassy Suites Hotels Hilton Garden Inn Hampton Hotels Homewood Suites by Hilton Home2 Suites by Hilton and Hilton Grand Vacations. The Company also offers customer loyalty program which provides reward points for the guests for each stay at any of its more than 4300 hotels around the world which are then redeemable for free hotel nights and other rewards.

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